After closing the first trading day of the week on a high note yesterday, major equity indexes in the U.S. started the day in the negative territory on Tuesday. At the moment, the Dow Jones Industrial Average is losing 0.35% on the day while the S&P 500 and the Nasdaq Composite are down 0.15% and 0.2%, respectively. Although there were no fundamental drivers that may have triggered a new wave of stocks-selling, the weakening risk appetite as reflected by a 1.5% increase in the CBOE Volatility Index seems to be the primary driver at the moment. The sharp drop seen in the 10-year US T-bond yield on Tuesday weighs on the S&P 500 Financials Index, which is down around 0.5% in the early trade. Among the 11 S&P 500 major sectors, consumer staples and technology post modest gains. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: CB Consumer Confidence Index improves to 131.4 in February from 121.7 in January FX Street 4 years After closing the first trading day of the week on a high note yesterday, major equity indexes in the U.S. started the day in the negative territory on Tuesday. At the moment, the Dow Jones Industrial Average is losing 0.35% on the day while the S&P 500 and the Nasdaq Composite are down 0.15% and 0.2%, respectively. Although there were no fundamental drivers that may have triggered a new wave of stocks-selling, the weakening risk appetite as reflected by a 1.5% increase in the CBOE Volatility Index seems to be the primary driver at the moment. The sharp drop seen… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
